GREENACRE, HAMSTERLEY, BISHOP AUCKLAND, DL13 3QF - £465,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GREENACRE is a very large detached house of 210m², built sometime between 2003 and 2006, which could now be worth an estimated £620,516. It was last sold for £465,500 in November 2018, which was around 163% above the average November 2018 detached price in the County Durham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

GREENACRE Sold Prices

Land registry data shows three sales for GREENACRE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three GREENACRE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 1 NOV	£465,500	£177,166	163% above HPI
2005 25 JAN	£429,500	£163,520	163% above HPI
2004 30 SEP	£382,500	£159,394	140% above HPI

GREENACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three GREENACRE sales between September 2004 and November 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2005 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the November 2018 sale, which was also at 163% above the HPI.

What might GREENACRE be worth now?

GREENACRE might now be worth an estimated £620,516.

This is based on house price inflation of 33.3%, between November 2018 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.3% inflationary increase is applied to the most recent sale price for GREENACRE of £465,500 on 1st November 2018. For the value to have increased from £465,500 to £620,516 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of GREENACRE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2018 sale price of £465,500 represented a fair market value for the property.
• The size, condition, and specification of GREENACRE has not materially changed since November 2018.

How Large is GREENACRE?

GREENACRE is 210m² according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses houses in Hamsterley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hamsterley, and where GREENACRE lies on this distribution: 81% of detached houses houses are smaller than GREENACRE, and 19% of houses are larger. Note that EPC data is not available for all properties in Hamsterley.

GREENACRE: Plot and Title Map

GREENACRE sits on a plot of roughly 0.926 of an acre, or 3,747m². The below map shows the location of GREENACRE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of GREENACRE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is GREENACRE?

GREENACRE is located in HAMSTERLEY, in the DL13 postcode district. The below map shows the position of GREENACRE in HAMSTERLEY.